Kentucky HB446 introduces a tax credit for home installations that improve accessibility or energy efficiency for eligible individuals.
Kentucky HB446 creates a tax credit for eligible individuals to cover the cost of home installations that enhance accessibility, efficiency, or sustainability. Eligible individuals include those aged 65 or older or those with physical or mental impairments. Qualifying residences must be the individual's primary dwelling in Kentucky. The credit is for expenses related to energy-efficient products or sustainable materials. The credit is capped at $7,500 per taxable year and is refundable.
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